EFRAG General Assembly

Areas of interest in this section:

Role of the EFRAG General Assembly

Alongside fulfilling the legal requirements under the Belgian law for international associations and deciding over the statutes, internal rules and membership of EFRAG, the EFRAG General Assembly is in charge of:

Approving the financial statements and the budget of next year

Appointing the President, Vice-President and members of the Board. The President of the Board is nominated by the European Commission after having heard the Council of the European Union and the European Parliament;

Appointing the members of the European Lab Steering Group

Exercising general oversight over the Board, whilst respecting the Board's exclusive responsibility for the positions taken on all financial reporting matters and over the European Lab Steering Group.

Please refer to the
legal section for the comprehensive texts of the EFRAG by-laws (Statutes and Internal Rules).

The
EFRAG General Assembly Nominating Committee assists the EFRAG General Assembly in fulfilling its responsibility for appointing members of EFRAG Board and facilitates and coordinates the nomination process of the EFRAG Board. The composition of the Committee is as follows: